Rohan Mehta

RBI has put fraud safeguards back at the center of payments policy, and the latest consultation cycle matters because it could shape how future UPI and wallet rules land.

Fresh tax department guidance on the 2026 transition says taxpayers do not need to file two returns for the same period, while also spelling out which July and August deadlines matter for AY 2026-27.

The March 2026 CPI report showed a sharp pickup in consumer prices, led by energy and gasoline, with shelter and transportation still adding pressure to everyday budgets.

On April 16, 2026 the IRS launched Tax Debt Help, a new online guide meant to show taxpayers and small businesses which payment paths may fit their situation before debt grows harder to manage.

Treasury and the IRS issued final rules on April 10, 2026 that define qualified tips and list eligible occupations, giving tipped workers a clearer path to claim one of the tax season’s most closely watched deductions.

Canada extended its two per cent cap on annual alcohol excise-duty increases for another two years starting April 1, 2026. The move should limit one source of future price pressure, but shoppers should not assume it will produce clear price cuts at the store.